Virginia Interfaith Power & Light
- Assets
- $1.0m
- Revenue
- $661.0k
- Investments
- $0.0
- Employees
- 14
- Location
- Richmond, VA
- Founding
- Data as of
- 12/2023
- EIN
- 87-1782129
Organization Overview
Virginia Interfaith Power & Light is located in Richmond, VA. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2023, Virginia Interfaith Power & Light employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Interfaith Power & Light is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Virginia Interfaith Power & Light generated $661.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $525.0k during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
VIRGINIA INTERFAITH POWER & LIGHT COLLABORATES AMONG PEOPLE OF FAITH AND CONSCIENCE TO GROW HEALTHY COMMUNITIES BY ADVANCING CLIMATE AND ENVIRONMENTAL JUSTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENERGY BURDEN: VAIPL BELIEVES AS PEOPLE OF FAITH, IT'S OUR RESPONSIBILITY TO PROMOTE CLEAN, AFFORDABLE ENERGY FOR ALL VIRGINIANS AND RESPOND TO THE EXPERIENCES ANDCHALLENGES OF ENERGY BURDEN AND ACCESS THAT VIRGINIA FAMILIES FACE. WE WORK TOSUPPORT ACCESS TO SUFFICIENT AND AFFORDABLE ENERGY FOR ALL VIRGINIA COMMUNITIES. VAIPL WORKS TO EDUCATE FAITH COMMUNITIES ON LOWERING THEIR ENERGY BURDEN THROUGH ENERGY EFFICIENT AND RENEWABLE ENERGY OPPORTUNITIES (SOLAR). WE ALSO SUPPORT COMMUNITIES ATTEMPTING TO PROTECT THEIR ENVIRONMENT AND AIR QUALITY AGAINST POLLUTION THROUGH EMISSIONS.
PUBLIC TRANSPORTATION: OUR WORK FOR ROBUST PUBLIC TRANSPORTATION SYSTEMS ACROSS VIRGINIA CONSISTS OF SUPPORTING THE MODERNIZATION AND IMPLEMENTATION OF AMENITIES SUCH AS SHELTERS, BRANCHES, AND TRASH PICKUP AT BUS STOPS. IN ADDITION, WE ENGAGE WITH TRANSIT SYSTEMS TO ENCOURAGE THE EXPANSION OF ROUTES AND OFFER 360 DEGREES OF SERVICE FOR SHOPPING, EMPLOYMENT, EDUCATION, MEDICAL, AND ENTERTAINMENT ACCESS. WE ALSO SEEK TO HELP COMMUNITIES IMPROVE BIKING AND WALKABILITY SAFETY ON THEIR STREETS BY ORGANIZING COMMUNITY STAKEHOLDERS MEETINGS WITH FAITH COMMUNITIES, BUSINESSES, AND COMMUNITY SOCIAL INSTITUTIONS.
WATER AFFORDABILITY AND ACCESS: WE WORK TO ACHIEVE WATER JUSTICE FOR VIRGINIANS THREATENED BY SEA LEVEL RISE, FLOODING, AND WELL FAILURES DUE TO SALINIZATION IN COASTAL COMMUNITIES. WE ARE GATHERING STORIES AND EXPERIENCES FROM INDIVIDUALS ACROSS THE STATE AND WORKING ON THE MIDDLE PENINSULA TO HELP FAITH COMMUNITIES DEVELOP RESILIENCE STRATEGIES AND PROJECTS TO PROVIDE RESIDENTS SUPPORT, PARTICULARLY IN SEVERE WEATHER CONDITIONS. FINALLY, WE ARE SERVING FAITH COMMUNITIES IN RICHMOND AND PETERSBURG FOR STORMWATER REDUCTION, HEAT ISLAND IMPACT, AND LOWERING THEIR ENERGY COSTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Faith Harris Executive Director | 40 | $75,670 | |
Sonal Iyer Member | Trustee | 1 | $0 |
Dr Sally Johnston Member | Trustee | 1 | $0 |
Rev Dr Lakeisha Cook Member | Trustee | 1 | $0 |
Dr Laura Hartman Member | Trustee | 1 | $0 |
Rev Dr David Jones Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,656 |
| All other contributions, gifts, grants, and similar amounts not included above | $588,779 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $642,435 |
| Total Program Service Revenue | $0 |
| Investment income | $18,204 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $661,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,670 |
| Compensation of current officers, directors, key employees. | $30,268 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,815 |
| Pension plan accruals and contributions | $2,648 |
| Other employee benefits | $22,640 |
| Payroll taxes | $23,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $819 |
| Advertising and promotion | $17,580 |
| Office expenses | $0 |
| Information technology | $7,951 |
| Royalties | $0 |
| Occupancy | $27,171 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,859 |
| Insurance | $7,817 |
| All other expenses | $25,240 |
| Total functional expenses | $524,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $981,618 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,177 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,382 |
| Total assets | $1,032,177 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $546 |
| Total liabilities | $546 |
| Net assets without donor restrictions | $1,031,631 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,032,177 |